Africa Oil & Gas: “Total’s South Africa finding could hold 1 billion barrels oil equivalent” – CEO

Africa Oil & Gas: “Total’s South Africa finding could hold 1 billion barrels oil equivalent” – CEO

French oil and gas major Total’s South African offshore discovery could contain 1 billion barrels of total resources and is ‘probably quite big’, Chief Executive Patrick Pouyanne said on Thursday.

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Africa Oil & Gas: Total inaugurates the Kaombo project and reiterates its commitment to the country

Africa Oil & Gas: Total inaugurates the Kaombo project and reiterates its commitment to the country

The Angolan State Minister for Economic and Social Development, Manuel Nunes Junior, the Chairman and CEO of Total, Patrick Pouyanné, and the Chairman of the Board of Directors of Sonangol, Carlos Saturnino, inaugurated the Kaombo project, which came on stream in July and is located deep offshore on Block 32, 260 kms off the coast of Luanda.  During the ceremony, Total also announced the continuation of its development program in the country, following on from the launch of…

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Global Industry: Big Oil bets on gas, a potentially risky move

The oil majors have increasingly pivoted towards natural gas, a long-term bet that gas will prevail in a world seeking to gradually decarbonize. “In 20 years, we will not be known as oil and gas companies, but as gas and oil companies,” Patrick Pouyanne, CEO Total SA (NYSE: TOT), said at an industry conference last month.

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TOTAL: Refining boss to replace former CEO de Margerie

French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week. Pouyanne, 51, head of refining, had been considered as possible candidate to succeed de Margerie in the past and has a reputation as a shrewd cost-cutter.

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